Arbitrage for copper, aluminium, zinc and nickel imported into China on Wednesday April 18*Copper -$98.37 (-619.99 yuan) Aluminium -$657.29 (-4142.78 yuan) Zinc -$59.67 (-376.12 yuan) Nickel -$1398.47 (-8814.25 yuan) * Metal Bulletin calculates the...Read More
The market for cobalt sulfate is becoming more mature, market participants said on the sidelines of Metal Bulletin's Battery Materials Conference, in Shanghai, which is being held Wednesday-Thursday April 18-19.Emerging traders are getting involved in the spot market and are showing extensive interest in considering the commodity as an investment material, just like cobalt metal, they added.Cobalt...Read More
Base metals prices on the London Metal Exchange are on divergent paths so far this morning, Wednesday April 18, despite the strong risk sentiment seen across wider financial markets following solid earnings results and the surprise monetary easing announced by China's central bank. Nickel (+3.5%), Aluminium (+1.2%) and copper (+0.7%) are trading positively, while the rest of the complex was down b...Read More
The Taiwanese authorities have initiated anti-dumping and countervailing duty investigations into imports of various Chinese steel products, as part of an attempt to be exempted from United States Section 232 import tariffs.The anti-dumping probe involves Chinese imports of stainless hot-rolled and cold-rolled carbon steel, according to an April 17 statement by the territory's Ministry of Finance....Read More
The following Metal Bulletin UK non-ferrous scrap and foundry ingot prices changed on Wednesday April 18:Aluminium scrap Group 1 pure 99% & litho: ?1,390-1,440 per tonne from ?1,360-1,410 Commercial pure cuttings:...Read More
Aluminium Positional Tips – Aluminium Positional April buy call 4e1 given at price 138.50 Achieved 1st Target 155 & 2nd Target 159. Made 160 today. Profit of 20.5 Points per lotTIPS ID 4e1 : Aluminium Positional Tips - BUY Aluminium today at CMP 138.50 & Hold upto April Contract for Target 155 - 159 with SL below price 131AFTER POST CONTENT Read More
Aluminium Positional Call – SELL Aluminium at CMP 158.80 Add more at price 160 with SL Above 161 for Target 155 – 153AFTER POST CONTENT Read More
Zinc Call – Zinc SELL Cal l608 given at Price 206.80 Triggered SL hit at price 208. Total 1.20 Points SL hit in Zinc TipsTIPS ID 608 : Zinc Intraday - SELL Zinc at CMP 206.80 for Target 205.80 - 205.10 with SL Above price 208AFTER POST CONTENT Read More
Image Courtesy of Flickr user "warrenski" (Kitco News) - Forget drilling or using heavy machinery to get to gold — a lab in the U.S. found a new way to mine for the yellow metal by simply applying ultrasonic waves to discarded SIM cards.“We've had centuries to sort out the best ways to mine gold, but we haven't put a whole lot of thought into the best ways we can get gold from thi...Read More
Zinc Intraday – SELL Zinc at CMP 206.80 for Target 205.80 – 205.10 with SL Above price 208AFTER POST CONTENT Read More
Copper Live – Copper SELL at CMP 446.20 Add more at price 448 for Target 443.20 – 441.00 with Small SL Above price 449.10AFTER POST CONTENT Read More
Today is a mixed bag, with gold futures trading modestly lower and physical gold gaining slightly. Gold futures based on the most active June 2018 Comex contract closed down by $0.50 on the day and is currently fixed at $1,350.20. At the same time, physical or spot gold is trading up by approximately $1.60 at $1,347.28U.S. equities continuing to make their dramatic ascent indicates a market sentim...Read More
Aluminium Calls – Aluminium SELL Call 5ff given at price 158.25 Achieved 2nd Target 156.50 (CMP 155.40) Total profit of 1.75 x 2 lot = 3.5 Points5ff : Aluminium Call - SELL Aluminium at CMP 158.25 for Target 157.25 - 156.50 with SL Above price 159.35AFTER POST CONTENT Read More
Tips for Aluminium – Aluminium SELL Call 5ff given at price 158.25 Achieved 1st Target 157.25 CMP 157.10. Total profit of 1.15 x 2 lot = 2.30 Points Profit5ff : Aluminium Call - SELL Aluminium at CMP 158.25 for Target 157.25 - 156.50 with SL Above price 159.35AFTER POST CONTENT Read More
NEW YORK (Reuters) - Oil prices rose on Tuesday, as support from the possibility of supply disruptions and a strong equities market offset the effects of profit-taking following last week’s rally above three-year highs.Brent crude oil futures LCOc1 gained 16 cents to settle at $71.58 a barrel, while U.S. crude futures CLc1 rose 30 cents to settle at $66.52.“It seems as though the volat...Read More
Aluminium Call – SELL Aluminium at CMP 158.25 for Target 157.25 – 156.50 with SL Above price 159.35AFTER POST CONTENT Read More
Intraday Nickel – Nickel SELL Call 5f7 given at price 923 Achieved 1st Target 913. CMP 910.80 Total profit of 12.2 Point x 2 lot = 24.4 Points5f7 : Nickel Calls - SELL NIckel at CMP 923 for Target 913 - 906 with SL Above price 934. Trade with 2 to 3 lots todayAFTER POST CONTENT Read More
Copper – Copper BUY Call 5f2 given at price 447.90 Triggered SL at price 443.90. Total 4 points SL hit in Copper tips5f2 : Copper Calls - RISK Taker May buy Copper at Market price 447.90 for Target 451.50 - 452.90 with SL below price 443.90AFTER POST CONTENT Read More
Today Zinc Calls – Zinc SELL Call 5f9 given at price 205.75 CMP 205. Only low risk taker book 0.75 x 2 lot = 1.5 Point here at CMP 5f9 : Zinc Intraday - SELL Zinc at CMP 205.75 for Target 204.60 - 204.10 with SL Above price 206.80AFTER POST CONTENT Read More
(Kitco News) - Do you have investment skills that rival some of the top hedge fund managers in the world, then maybe it is time to put your money where your mouth is, at least figuratively.Tuesday, the Sohn Conference Foundation announced the launch of the Ira Sohn Stock Game, a new fantasy stock picking completion, ahead of its annual investment conference in New York City April 23. With a $100 d...Read More